Price for Spices; Nutmeg, Neither Crushed Nor Ground in Germany - 2023
Contents:
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Germany (CIF) - 2022
- Price for Spices; Nutmeg, Neither Crushed Nor Ground in Germany (FOB) - 2022
- Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Germany
- Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Germany
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Germany (CIF) - 2022
In 2022, the average import price for spices; nutmeg, neither crushed nor ground amounted to $12,784 per ton, rising by 25% against the previous year. In general, the import price, however, recorded a pronounced setback. The import price peaked at $20,572 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sri Lanka ($15,945 per ton) and India ($13,279 per ton), while the price for Grenada ($10,848 per ton) and Indonesia ($12,618 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.5%), while the prices for the other major suppliers experienced a decline.
Price for Spices; Nutmeg, Neither Crushed Nor Ground in Germany (FOB) - 2022
The average export price for spices; nutmeg, neither crushed nor ground stood at $15,345 per ton in 2022, surging by 8.8% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2021 an increase of 20% against the previous year. Over the period under review, the average export prices attained the peak figure at $22,260 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($26,264 per ton), while the average price for exports to Ecuador ($10,110 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+0.0%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Nutmeg, Neither Crushed Nor Ground in Germany
In 2022, approx. 595 tons of spices; nutmeg, neither crushed nor ground were imported into Germany; declining by -29.3% against the previous year. Over the period under review, imports showed a abrupt decline. The smallest decline of -2.4% was in 2021.
In value terms, imports of spices; nutmeg, neither crushed nor ground shrank to $7.6M in 2022. Overall, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 8.1% against the previous year.
| Import of Spices; Nutmeg, Neither Crushed Nor Ground in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 7.9 | 6.2 | 6.3 | 5.9 | -9.3% |
| Grenada | 1.2 | 0.7 | 0.9 | 0.7 | -16.4% |
| Sri Lanka | 0.6 | 0.4 | 0.7 | 0.6 | 0.0% |
| India | 0.5 | 0.5 | 0.5 | 0.2 | -26.3% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 10.3 | 7.9 | 8.6 | 7.6 | -9.6% |
Top Suppliers of Spices; Nutmeg, Neither Crushed Nor Ground to Germany in 2022:
- Indonesia (471.5 tons)
- Grenada (63.0 tons)
- Sri Lanka (37.9 tons)
- India (11.6 tons)
Exports of Spices; Nutmeg, Neither Crushed Nor Ground in Germany
Exports of spices; nutmeg, neither crushed nor ground from Germany declined rapidly to 106 tons in 2022, waning by -41.7% compared with the previous year. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 49%. As a result, the exports attained the peak of 182 tons, and then reduced rapidly in the following year.
In value terms, exports of spices; nutmeg, neither crushed nor ground shrank sharply to $1.6M in 2022. In general, exports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 80% against the previous year. As a result, the exports reached the peak of $2.6M, and then fell notably in the following year.
| Export of Spices; Nutmeg, Neither Crushed Nor Ground in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 50.4 | 93.7 | 292 | 310 | 83.2% |
| Switzerland | 291 | 436 | 330 | 291 | 0.0% |
| Croatia | 333 | 127 | 302 | 193 | -16.6% |
| Austria | 232 | 78.6 | 83.7 | 141 | -15.3% |
| France | 73.0 | 66.2 | 144 | 102 | 11.8% |
| Spain | 130 | 65.3 | 213 | 93.9 | -10.3% |
| Poland | 169 | 143 | 534 | 92.2 | -18.3% |
| Czech Republic | 49.8 | 87.5 | 115 | 72.5 | 13.3% |
| Guatemala | N/A | 15.6 | 12.0 | 59.7 | 95.6% |
| Denmark | 24.2 | 52.3 | 66.8 | 47.5 | 25.2% |
| Latvia | 63.5 | 11.7 | 37.5 | 40.4 | -14.0% |
| Venezuela | N/A | N/A | 11.8 | 38.2 | 223.7% |
| Ecuador | N/A | N/A | 11.9 | 20.2 | 69.7% |
| Others | 410 | 248 | 411 | 126 | -32.5% |
| Total | 1,826 | 1,425 | 2,564 | 1,627 | -3.8% |
Top Export Markets for Spices; Nutmeg, Neither Crushed Nor Ground from Germany in 2022:
- Netherlands (25.0 tons)
- Croatia (15.5 tons)
- Switzerland (13.4 tons)
- Austria (7.9 tons)
- Poland (7.6 tons)
- Spain (6.5 tons)
- France (5.8 tons)
- Czech Republic (4.7 tons)
- Venezuela (3.2 tons)
- Latvia (3.0 tons)
- Guatemala (2.6 tons)
- Ecuador (2.0 tons)
- Denmark (1.8 tons)
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Germany.
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This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
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This report provides an in-depth analysis of the market for nutmeg, mace and cardamom in Germany.
4099
This report provides an in-depth analysis of the global market for nutmeg, mace and cardamom.
3876
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8560
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3994
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
3876
In 2016, the nutmeg, mace and cardamom market peaked at X tons. Over the period from 2007 to 2016, consumption expanded with an annual average rate of growth of +X%. Following a slight decline in consumption from 2009-2010, the nutmeg, mace and
8560
In 2015, the countries with the highest levels of production in 2015 were Guatemala (X thousand tons), Indonesia (X thousand tons), India (X thousand tons), together accounting for X% of total output.
3994
Guatemala continued its dominance in the global trade of nutmeg, mace and cardamom. In 2014, Guatemala exported X thousand tons of nutmeg, mace and cardamoms totaling X USD, X% over the previous year. Its primary trading partner was Saudi Arabia,
